Audience

Our approach to RPI

Delivering long-term sustainable returns is not just about financial factors. By integrating environmental, social and governance factors into our investment thinking we are able to better future-proof our portfolios.

This is why at M&G Real Estate, we have proactively addressed RPI issues for more than a decade, leading the agenda in this critical area in order to add value and drive returns for our clients over the long-term.

Our fiduciary responsibilities give us an important and influential role to play in RPI, and we use our resources to enrich the lives of people and communities by creating and managing world-class places to live, work and play. This brings positive value to our investors, to society and to the environment.

2017 annual RPI report

Last year, we undertook an extensive review of our RPI strategy, engaging with our investors, employees and occupiers to understand what should be our priority impact areas. We are delighted in this report to be launching our newly updated RPI strategy.

Our approach to RPI

We continue to work towards our ambitious vision of becoming a global leader in RPI. To achieve this goal, we need to inject new momentum, innovation and principles into our approach. This is where our new RPI strategy comes in.

We are focusing on four key impact areas

Enhance & transform Being at the forefront of identifying and influencing the drivers of change and shaping our investment strategies accordingly, we will continue to deliver strong returns for our investors in the long term.

Safeguard & future-proof Combining innovation with best-in-class management, we will set the bar for exceptional workplaces, homes and leisure destination, which have enduring appeal and benefit local communities and economies around the world.

Our strategy

2025 Objectives

Socio-economic benefit

The urban environment and built form has a huge impact on economic success, social cohesion and quality of life.

No 2 Forbury Place, Reading, UK

The Forbury Place Estate, in Reading, UK, consists of three high quality office buildings, two of which have completed very recently. No 2 Forbury Place, a 17,750 sq m building, completed in 2017, utilising the principles of our Sustainable Development Framework.

Rehearsal Rooms, London, UK

In 2017, we reached practical completion on the first fully institutionally funded Build-to-Rent scheme. The Rehearsal Rooms comprises 173 one-, two- and three-bedroom apartments in North Acton, West London.

Blekholmen 1, Stockholm, Sweden

In line with our strategy of acquiring assets in major European hubs served by excellent transport links, in 2017 we purchased Blekholmen 1, a 34,000 sq m, multi-let office scheme comprising six linked buildings.

Key achievements against our impact areas:

- high quality digital infrastructure, including digital signs in the entrance displaying real time transport information

- broad mix of 30 tenants, some of which encourage more businesses to spend time at the asset

- green lease clauses have been signed, a commitment to be more eco-friendly

- three eateries available on-site and the plaza creates a community feel

We have driven positive outcomes at this asset against our key impact areas: